Manila, June 11 -- Philippine shares closed lower on the last trading day of the week as investor sentiment weakened amid escalating tensions in Iran while the peso traded sideways against the US dollar.

The Philippine Stock Exchange index (PSEi) declined by 0.53 percent to 5,910.06, while the broader All Shares index fell 0.44 percent to 3,289.95.

Mining and Oil and Services were the only sectoral indices to finish in positive territory, gaining 0.007 percent and 0.44 percent, respectively.

Financials posted the biggest decline at 1.39 percent, followed by Property at 1.04 percent, Holding Firms at 0.76 percent, and Industrial at 0.35 percent.

"The local bourse closed in the red as continued attacks in Iran stoked fear and dampened ...